Hello
Is it possible according to the Elliott rules that the [X] rise exceeds the top of Primary [5]?
Thank you very much for your help.
I believe that would invalidate the count as drawn, since it's a double zig zag. One of the hard rules for double and triple zig zags is:
Wave X must be smaller than Wave W by price.
http://www.wavemagician.com/rules.htmIf BTC breaks above the June 2019 high, multiple bearish counts will be broken.